An upright freezer is a type of deep freezer that is designed to be used in a variety of settings, including homes, restaurants, and commercial kitchens. It is characterized by its vertical design, which allows for easy access to the stored items and efficient use of space. Upright freezers are ideal for storing large quantities of frozen food, as well as for long-term food preservation.
One of the key benefits of an upright freezer is its efficient use of space. These freezers are designed to take up less floor space than chest freezers, making them ideal for homes and businesses with limited space. Additionally, the vertical design of the upright freezer allows for easy access to the stored items, making it easy to find what you need.
Another benefit of an upright freezer is its energy efficiency. These freezers are designed to be highly energy-efficient, which can help to lower energy costs. Many upright freezers come equipped with energy-saving features such as automatic defrost and a tight-fitting door, which help to prevent cold air from escaping. Additionally, many upright freezers are designed with insulation that is thicker than that of chest freezers, which helps to keep the interior at a consistent temperature.
Upright freezers come in a variety of sizes and styles. They are available in manual or self-defrosting models, and also with a variety of features such as a built-in lock, adjustable shelves, and an interior light. Some upright freezers also come with a built-in temperature alarm, which alerts you if the temperature inside the freezer rises above a certain level.
A upright freezer can be a great addition to any kitchen, providing a convenient and efficient way to store large quantities of food. They can also save you money on your energy bills and are perfect for long-term food preservation. Additionally, they are available in a variety of styles and features to suit your needs, such as manual or self-defrosting models, built-in lock, adjustable shelves, and an interior light.
When choosing an upright freezer, it’s important to consider your specific needs and the available space in your kitchen. It’s also a good idea to research different models and compare features and prices to find the best option for you. Additionally, it’s important to pay attention to the energy efficiency ratings of the freezer, as this can have a significant impact on your energy costs.
In conclusion, upright freezers are a great option for families and businesses that need to store large quantities of food for long periods of time. They are highly energy-efficient, space-saving and easy to access, and come in a variety of sizes and styles. With an upright freezer, you can enjoy the convenience of having a large supply of frozen food on hand and save money on your energy bills. It’s important to consider your specific needs and space availability
Neomotion Shark tank India season 2 episode 18
Neomotion is a tech wheelchair-making company founded by Ashish Sharma, Swostik Dash, and Siddharth Daga. These friends from IIT Madras have been working on the concept of Neomotion since 2020 and have developed two unique products, Neofly and Neobolt. Neofly is a personalized wheelchair that is made up of the nerves of a human being while Neobolt is an innovation for outdoor mobility that can be attached to a wheelchair to make it a scooter.
The company aims to make disabled people more independent and has delivered over 2000 products to 32 states in India since its launch. The products are available on their own website and are sponsored by governments, donors, and CSR organizations. Neobolt has a removable battery that can be charged separately and in one charge it can run up to 25 km.
In the financial year 21-22, the company had a revenue of 4.7 crore rupees with a profit after tax of 30%. They received 65% of orders from individuals and the rest 35% from governments and CSRs. The MRP of their combined product (NeoFly+Neobolt) is 1.18 lakhs and the selling price of their product is 99,900. The MRP of only Neofly is 49000 and the selling price is 42900. They have also been granted 44 lakhs rupees by the IIT Madras incubation cell for 6.5% equity.
On the episode of Shark Tank India, the founders of Neomotion asked for 1 crore rupees in exchange of 1% equity in the company. Anupam offered 50 lacs for 4% equity and 50 lacs debt. Namita joined Anupam for the same offer. Peyush counter offered 1 crore rupees per 5% equity with a condition that he will receive 5% of the total profit till he receives the total amount of 1 crore which will be donated. Namita and Anupam’s joint counteroffer was one crore rupees for 5% equity. Peyush then changed his offer for one crore rupees in exchange of one percent equity with a condition that he will receive 5% of the profit till he received 1 crore which has been donated. The deal was finalized with Peyush Bansal for ₹1 Cr for 1% equity with a condition that he will receive 5% of the profit till he received 1 crore which has been donated.
In conclusion, Neomotion is a company that aims to make disabled people more independent by providing them with innovative and personalized mobility solutions. Their products, Neofly and Neobolt, have received positive feedback and they have been able to generate a significant revenue in a short period of time. With the support of investors such as Peyush Bansal, the company has the potential to grow and reach more customers in need of their products.
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